Stan bought a monster truck for $2,000 down and payments of $450 a month for 5 years. What is the total cost of the monster truck?
Stan bought a monster truck for $2,000 down and payments of $450 a month for five years. What's the total cost of the monster truck?
The total amount of monthly credit card payments is the sum of all the payments made towards credit card bills in a month.
Plan B
The total cost of the vehicle is $15948.00Multiply the number of months by the payment per each month.$332.25/month x 48 months = $15948.00
Evelyn bought a bamboo plant that was 4 1/6 feet high. After one month it had grown another 1 3/6 feet.What was the total height of the plant after a month
True. The individual entries are what get posted to their respective accounts, not the total.
13.72
Felice bought a duplex apartment at a cost of $245,000. Her mortgage payments on the property are $1,040 per month. Her real estate taxes total $1,632 per year, and insurance costs $1,476 per year. She estimates that she will spend $1,236 each year per apartment for maintenance, replacing appliances, and other costs. The tenants will pay for all utilities. Ignore income taxes, changes in equity value, and changes in property value.
The difference between total payments and total charges to an account is called the account balance. If total payments exceed total charges, the balance will be a credit, indicating a surplus. Conversely, if total charges exceed total payments, the balance will be a debit, reflecting an outstanding amount owed. This balance is essential for understanding the financial status of the account.
You can pay off your mortgage faster by paying extra to the principal typically through making extra payments or paying extra each month. For example, a $200,000 mortgage at 5% for 30 years, paying $200 extra per month reduces the number of monthly payments by 104, or 8.67 years, and reduces the interest and total paid by $61,160.51. On the same loan, paying $300 extra per month reduces the number of monthly payments by 135, or 11.25 years, and reduces the interest and total paid by $78,258.26. A significant reduction in both interest paid and length of the mortgage.
You can pay off your mortgage fast by making large extra payments or paying a large extra amount with your mortgage payment. For example, a $150,000 mortgage at 5% for 30 years, paying $300 extra per month reduces the number of monthly payments by 159, or 13.25 years, and reduces the interest and total paid by $68,321.30. If you want it paid off sooner, paying $600 extra per month reduces the number of monthly payments by 218, or 18.17 years, and reduces the interest and total paid by $91,039.96.
Cash balance